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Infinity Mining Limited (ASX:IMI)

ALERT: Price-sensitive ASX Announcement for IMI
Current share price for IMI : $0.007 -0.001 (-12.50%)+
Announcement
Release
30 Jul 2026 8:29AM
Price at Release
$0.008
Full Release
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Summary
Infinity Mining Limited reported significant activities for the quarter ending 30 June 2026, including a joint venture with Mining One Pty Ltd to explore Victorian gold-antimony projects. Field operations have commenced at Walhalla, targeting gold-antimony mineralization. The company's Tanjil Dome project in Victoria yielded promising results with high-grade antimony and gold findings. In New South Wales, the Cangai Project is undergoing a revision of its Mineral Resource Estimate. Financially, Infinity Mining showed a stable position with a cash balance of $370,739 and proceeds from the sale of Evergreen Lithium shares. The company also expanded its collaboration with Orivium Global Pte Ltd to incorporate e-waste processing, and it continues to assess its Eastern Australian projects for copper, gold, and other base metals.
Key Points
  • Infinity Mining Limited announced a joint venture with Mining One Pty Ltd for its Victorian gold-antimony projects.
  • Field mobilization at Walhalla included soil sampling and geological mapping for gold-antimony targets.
  • Highly encouraging exploration results were reported from the Tanjil Dome prospect, confirming high-grade antimony and gold mineralization.
  • The Cangai Project in New South Wales underwent a project review and is engaging a consultant for a revised Mineral Resource Estimate.
  • Infinity has expanded its cooperation with Orivium Global Pte Ltd to include e-waste processing.
  • The company completed a sale of Evergreen Lithium Limited shares, generating significant cash inflow.
  • Infinity Mining's financial position shows a cash balance of $370,739 as of June 30, 2026.
  • The company is reviewing its other New South Wales and Victorian projects for further exploration potential.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.